13F-HR 1 aic3q01.txt 13F HOLDINGS REPORT United States Securities & Exchange Commission Washington, DC 20549 Form 13F FORM 13F COVER PAGE "Report for the Quarter Ended: September 30, 2001" Check here if Amendment [ ] ; Amendment Number: This Amendment (Check only one.) [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: "Argus Investors' Counsel, Inc." Address "100 Prospect Street, South Tower" "Stamford, CT 06901" 13F Filing Number: 28-542 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the "person signing the report is authorized to submit it, that" "all information contained herein is true, correct and complete, " "and that it is understood that all requirements, statements, " "schedules, lists and tables, are considered integral parts" of this form Person signing this report on behalf of reporting manager: Name: Stewart P. Zobian Title: President Phone: (203) 316-9000 "Signature, Place and Date of signing" "Stewart P. Zobian, Stamford, CT October 31, 2001" Report Type (Check only one.): [X] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report List of other Managers Reporting for this Manager:NONE I am signing this report as required by the Securities Exchange Act of 1934 FORM 13F SUMMARY PAGE Report Summary: Number of other included Managers: 0 Form 13F information Table Entry Total: 469 Form 13F information Table Value Total: 568,413,019 List of other included managers: NONE * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 10/25/01 ca53n 4:25 beginning of company 53 reports acty 2 argus investors' counsel 13f report 01016498 sduprodn * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 1 2 3 4 5 6 7 8 1.23E+79 53 1 1 1 1 1 1 1 1.23E+79 1 2 3 4 5 6 7 8 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 10/25/01 ca53n 4:25 beginning of company 53 reports acty 2 argus investors' counsel 13f report 01016498 sduprodn * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 1 2 3 4 5 6 7 8 1.23E+79 53 1 1 1 1 1 1 1 1.23E+79 1 2 3 4 5 6 7 8 form 13f 9/30/01 reporting manager; argus investors' counsel page 1 ------------------------------------------------------------------------------------------------------------------------------------ item 1 item 2 item 3 item 4 item 5 item 6 item 7 item 8 name of issuer title cusip fair shares or investment discretion mana- voting authority of number market principal shared gers class value amount sole shared other sole shared none (a) (b) (c) (a) (b) (c) ------------------------------------------------------------------------------------------------------------------------------------ aol time warner inc common 00184a105 11168602 337420 337420 330820 600 at&t corp common 001957109 10354450 536500 536500 526400 1000 abbott labs common 002824100 3403953 65650 65650 60150 air prods & chems inc common 009158106 15991217 414495 414495 407195 500 albertsons inc common 013104104 16733334 524885 524885 515985 alcoa inc common 013817101 14806035 477460 477460 468860 700 american express co common 025816109 8567469 294820 294820 289120 600 american intl group inc common 026874107 10968594 140623 140623 138323 300 archer daniels midland c common 039483102 1156857 91887 91887 91887 automatic data processin common 053015103 10349741 220020 220020 215820 500 bp plc common 055622104 1043387 21220 21220 20720 500 becton dickinson & co common 075887109 17027030 460190 460190 452590 caterpillar inc del common 149123101 923328 20610 20610 20210 400 cisco sys inc common 17275r102 7798367 640260 640260 629860 1200 coca cola co common 191216100 1731108 36950 36950 33650 delta air lines inc del common 247361108 8662570 329000 329000 328200 800 disney walt co common 254687106 9410920 505420 505420 496920 900 dow chem co common 260543103 17033071 519935 519935 511335 eastman kodak co common 277461109 10177824 312875 312875 312875 --------- --------- --------- --------- --------- --------- --------- --------- column totals 177307856 5950220 5950220 5850920 8000 form 13f 9/30/01 reporting manager; argus investors' counsel page 2 ------------------------------------------------------------------------------------------------------------------------------------ item 1 item 2 item 3 item 4 item 5 item 6 item 7 item 8 name of issuer title cusip fair shares or investment discretion mana- voting authority of number market principal shared gers class value amount sole shared other sole shared none (a) (b) (c) (a) (b) (c) ------------------------------------------------------------------------------------------------------------------------------------ el paso corp common 28336l109 9237188 222315 222315 218165 450 emerson elec co common 291011104 9401412 199775 199775 196875 exxon mobil corp common 30231g102 9047028 229620 229620 225320 federal natl mtg assn common 313586109 17031164 212730 212730 209005 325 fedex corp common 31428x106 10235426 278515 278515 273335 580 ford mtr co del common 345370860 8395665 483900 483900 475900 gannett inc common 364730101 15840187 263520 263520 258820 400 general elec co common 369604103 10720854 288195 288195 283795 500 general mtrs corp common 370442105 1214285 28305 28305 27905 400 genuine parts co common 372460105 1129437 35450 35450 35450 gillette co common 375766102 9994473 335385 335385 329185 800 hewlett packard co common 428236103 6887858 429150 429150 420700 1050 home depot inc common 437076102 15489777 403695 403695 396495 500 ingersoll-rand co common 456866102 10437778 308810 308810 303510 500 intel corp common 458140100 9015880 441090 441090 434290 800 international business m common 459200101 14274384 155630 155630 152830 intl paper co common 460146103 1337577 38392 38392 38392 j p morgan chase & co common 46625h100 9272715 271529 271529 266879 550 johnson & johnson common 478160104 17314716 312540 312540 306890 450 --------- --------- --------- --------- --------- --------- --------- --------- column totals 186277803 4938546 4938546 4853741 7305 form 13f 9/30/01 reporting manager; argus investors' counsel page 3 ------------------------------------------------------------------------------------------------------------------------------------ item 1 item 2 item 3 item 4 item 5 item 6 item 7 item 8 name of issuer title cusip fair shares or investment discretion mana- voting authority of number market principal shared gers class value amount sole shared other sole shared none (a) (b) (c) (a) (b) (c) ------------------------------------------------------------------------------------------------------------------------------------ kimberly clark corp common 494368103 11220760 180980 180980 177780 400 mcdonalds corp common 580135101 10684611 393685 393685 387125 760 microsoft corp common 594918104 15015325 293440 293440 287740 400 minnesota mng & mfg co common 604059105 13359768 135770 135770 133270 200 morgan stanley dean witt common 617446448 8782862 189490 189490 186090 pepsico inc common 713448108 13514040 278640 278640 278140 500 pfizer inc common 717081103 11062989 275885 275885 271885 phelps dodge corp common 717265102 948200 34480 34480 34480 pitney bowes inc common 724479100 11727400 307000 307000 307000 procter & gamble co common 742718109 858922 11800 11800 11800 qualcomm inc common 747525103 8991716 189140 189140 185940 400 royal dutch pete co common 780257804 1577850 31400 31400 31400 schlumberger ltd common 806857108 10124150 221535 221535 217535 500 staples inc common 855030102 12836426 961530 961530 945630 1400 txu corp common 873168108 15688584 338700 338700 333100 unilever n v common 904784709 15882906 294019 294019 289319 union pac corp common 907818108 1249182 26635 26635 26635 verizon communications common 92343v104 16847149 311350 311350 306350 wal mart stores inc common 931142103 13804808 278885 278885 273785 500 --------- --------- --------- --------- --------- --------- --------- --------- column totals 194177644 4754364 4754364 4685004 5060 form 13f 9/30/01 reporting manager; argus investors' counsel page 4 ------------------------------------------------------------------------------------------------------------------------------------ item 1 item 2 item 3 item 4 item 5 item 6 item 7 item 8 name of issuer title cusip fair shares or investment discretion mana- voting authority of number market principal shared gers class value amount sole shared other sole shared none walgreen co common 931422109 10649715 309315 309315 304615 --------- --------- --------- --------- --------- --------- --------- --------- column totals 10649715 309315 309315 304615 --------- --------- --------- --------- --------- --------- --------- --------- report totals 568413019 15952445 15952445 15694280 20365 ========= ========= ========= ========= ========= ========= ========= =========